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Do You Really Understand What’s Driving Your Demand Planning Processes?

Logility

Descriptive, predictive and prescriptive analytics should be combined to optimize your demand planning processes. Better forecasting and demand planning processes, which in the past had been beset by low accuracy and poor adoption, were a priority. The A nalytics to B oost your Demand Planning.

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ToolsGroup Recognized as a Clear Industry Leader by QKS Group Review for Redefining Probabilistic Forecasting and Powering Proactive Orchestration

ToolsGroup

The review evaluates vendors on their ability to deliver probabilistic forecasting, which QKS notes, “is no longer a strategic advantage—it’s the bare minimum for retail demand planning and supply chain resilience.” It isn’t just forecasting demand; they’re orchestrating it.

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Five Reflections From Supply Chain Planning Benchmarking

Supply Chain Shaman

Benchmarking is a measurement of the quality of an organization’s policies, products, programs or strategies against standard measurements. Today, I am going to share five insights that I have gleaned from our work on Supply Chain Planning Benchmarking. Benchmarking is not Benchmarking. The reason is simple.

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Things Have Changed: What Do We Do NOW?

Supply Chain Shaman

This week I interviewed Robert Byrne, Founder of Terra Technology , on the results of their fourth benchmarking study on forecasting excellence. The work done by Terra Technology, in my opinion, is one of two accurate sources of benchmark data on forecasting in the industry. The other is Chainalytics demand benchmarking.

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The Top Five Benefits of Using Machine Learning for Demand Forecasting

Logility

Stakeholders who care about forecasting in demand planning care about accuracy, and usually will not accept a new forecasting method unless it is rigorously validated against known forecasting benchmarks with proven accuracy. In this way, forecast accuracy trends can be leveraged in adjusting demand planning.

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Reinventing Supply Chains: Focus on Human Factors

Supply Chain Shaman

Forecastability for Large Food Company The Company is in the middle of a digital transformation (code for an ERP upgrade), but they have not taken the steps to analyze the current state much less redefine demand planning to improve value. A negative FVA increases cost, inventory, and risk. The impact is exponential.

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Demand Planning Survey Shines Light on Supply Chain Attitudes

Logility

Is Demand Planning just a stepping stone? Dan Gilmore at Supply Chain Digest has some interesting survey numbers that may light a fire under some demand planning teams. ” Less than one third of respondents said “a nice career could be built in the demand planning area alone.”